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traceloop

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Traceloop is an Israeli AI observability and reliability company founded by CEO Nir Gazit and CTO Gal Kleinman, both previously of Fiverr, as a Y Combinator alumnus. Built on OpenTelemetry standards, its platform helps teams monitor, evaluate, and detect quality drift in LLM-powered applications in production, with customers including IBM, HiBob, Miro, and Dynatrace. The company raised $6.1 million in seed funding from investors including Y Combinator, Samsung NEXT, and Sorenson Capital, and was acquired by ServiceNow in 2026 for an estimated $60-$80 million to strengthen its enterprise AI trust and observability capabilities.

Tools

OpenLLMetry(github.com/traceloop/openllmetry)

OpenLLMetry by Traceloop is a set of open-source OpenTelemetry extensions that add tracing and observability to LLM apps and agents, exporting to any OTel-compatible backend.

Developer ToolsOpen SourceLLM Observability7.4kApache-2.0built by traceloop1mo ago